Unchanged from May The Dallas Fed’s trimmed mean PCE is a core inflation measure based on the Commerce Department’s price index for personal consumption expenditures. It strips out items that have shown especially large price movements in any given month.

7 -weeks of chop The AUDUSD today moved toward the low of a “value area” where most of the trading has taken place in the pair over last 7-weeks of trading (see red box on the 4-hour chart below). That “value area” comes in between 0.7343 and 0.7443 – so about 100 pips.

Worries about a Canadian house price bust fade The Canadian housing market is one of those things that doesn’t make much sense. Prices are far beyond incomes and in the big cities price are out of control.

“What should I use when looking at the markets, fundamental or technical analysis?” So TA or Fundamentals? Join the webinar! This is a question which is regularly asked by who anyone who wants to get into trading and most likely, one of the first questions all of us had when we started looking at the…

Some insights on the usage of the Ichimoku indicator The Ichimoku indicator stands out among other technical indicators. It’s just another thing in technical analysis that came from Japan. Its name is translated as “one glance”. The idea is that it allows traders to make a full-fledged judgment about the market after just several seconds…

100 day MA and trend line below. 100 hour MA above There is some recent NAFTA comments that is helping to strengthen the CAD a bit (). see post here Looking at the hourly chart below, the price is trading right around the 1.3000 level and sits between support below against a lower trend line.…

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. This website is neither a solicitation nor an offer to Buy or Sell currencies, futures, or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Website owners and affiliates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.